Representative Example
Hire Purchase (HP) Finance Example: Cash Price £32,999.00.
Total Deposit £16,499.50.
Total Amount of Credit £16,499.50.
First Payment of £364.86,
Followed by 58 Payments of £364.86,
with a Final Payment of £364.86.
Duration of Agreement is 60 Months.
Fees of £340.00 are included in the payments shown.
Interest Charges of £5,392.10.
Total Amount Payable £38,391.10
Annual Fixed Interest Rate of 6.0%.
APR 12.4%.
Finance is provided by Close Brothers Motor Finance, 10 Crown Place, London EC2A 4FT.